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ArcelorMittal Message Board

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  • great_stox great_stox Jul 5, 2006 11:45 AM Flag

    Back in

    I think you are in way too early. Wait untill it goes to low 20s.

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    • bought at 38 on my prception of a dominant player at a fair price for long term appreX... little did I realize that Corp governance here was on a par with that of your basic local water buffalo dealer... last time I EVER buy a 3rd world fly by night w/shysters in charge. Hard to believe such a weak Mgmt team has gotten the Co so large... just goes to show you what captive low rate labor costs can do, while LM pockets the minority s/holder's $$$. Hope long term I get whole but short term ride is way too rocky. Good luck to others in the same pred I am.

6.08-0.13(-2.09%)Aug 26 4:01 PMEDT